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Strasburg Pharms is a Colorado-based hemp cultivation and CBD processing company founded in 2014. Operating as a vertically integrated 'seed-to-sale' subsidiary of CBD Global Sciences Inc., the company produces organic, pesticide-free hemp on its farm in Strasburg, Colorado. Its high-potency CBD extracts are utilized in a variety of consumer products, including tinctures, topicals, and beverages, marketed under brands like Aethics and CannaOil. Aethics specifically targets the sports wellness market, providing athletes with natural alternatives for pain management and recovery. Although the company established a significant presence in the CBD industry, Strasburg Pharms LLC filed for Chapter 7 bankruptcy in 2021, leading to a liquidation of its legal entity while its assets and brands remained under the parent company's umbrella.
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